Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
990 • Fiscal year 2024 • EIN 22-2846440
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
72nd percentile
Higher debt load relative to assets than 72% of similar nonprofits.
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
19th percentile
Higher net margin than 19% of similar nonprofits.
Top Officer Pay
53rd percentile
Higher top officer pay than 53% of similar nonprofits.
Top officer pay equals 23.7% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Assets
Down$1,383,782
Down $102,739 (-6.9%) from 2023
Net Assets
Down$802,530
Down $52,978 (-6.2%) from 2023
Liabilities
Down$581,252
Down $49,761 (-7.9%) from 2023
Revenue
Down$494,539
Down $4,006 (-0.8%) from 2023
Expenses
Up$566,485
Up $42,138 (+8.0%) from 2023
Net Income
Down-$71,946
Down $46,144 (-179%) from 2023
The latin american economic development association, inc (laeda) is a non-profit economic development organization dedicated: to the creation of small business ownership opportunities for economically disadvantaged minorities, to contribute to the growth and success of minority owned small businesses and the development of the marketplace in the communities we serve.this non-profit was formed with the purpose:1.to raise the economic, educational, and social levels of the economically disadvantaged residents, primarily members of the minority community, in the delaware valley, primarily the city of camden, new jersey; to foster and promote employment creation initiatives and expansion of the job base in the community; and to foster and promote community-wide interest and concern for the problems of such residents to the end that (a) educational and economic opportunities may be expanded; (b) sickness, poverty, crime, and environmental degradation may be lessened; and (c) racial tensions
Laeda is dedicated: to the creation of small business ownership opportunities for economically disadvantaged minorities, to contribute to the growth and success of minority owned small businesses and the development of the marketplace in the communities we serve.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $630,438 | $588,011 | ▼ $42,427 |
| Cash and Non-Interest-Bearing Accounts | $577,183 | $426,331 | ▼ $150,852 |
| Investments in Publicly Traded Securities | $198,314 | $217,282 | ▲ $18,968 |
| Pledges and Grants Receivable | $66,639 | $138,094 | ▲ $71,455 |
| Savings and Temporary Cash Investments | $10,500 | $10,500 | → $0 |
| Prepaid Expenses and Deferred Charges | $2,015 | $2,015 | → $0 |
| Accounts Receivable | $1,200 | $1,317 | ▲ $117 |
| Other Notes and Loans Receivable, Net | $232 | $232 | → $0 |
| Total Assets | $1,486,521 | $1,383,782 | ▼ $102,739 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $535,738 | $513,180 | ▼ $22,558 |
| Other Liabilities | $52,216 | $30,332 | ▼ $21,884 |
| Accounts Payable and Accrued Expenses | $26,162 | $21,260 | ▼ $4,902 |
| Deferred Revenue | $16,897 | $16,480 | ▼ $417 |
| Total Liabilities | $631,013 | $581,252 | ▼ $49,761 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $668,408 | $660,430 | ▼ $7,978 |
| Net Assets With Donor Restrictions | $187,100 | $142,100 | ▼ $45,000 |
| Total Net Assets Fund Balance | $855,508 | $802,530 | ▼ $52,978 |
| Total Liabilities and Net Assets / Fund Balance | $1,486,521 | $1,383,782 | ▼ $102,739 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $480,069 | $948,500 | $1,428,569 |
| Buildings | $45,942 | $102,058 | $148,000 |
| Land | $62,000 | - | $62,000 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Raymond Lamboy | President & CEO | FT | $94,904 | $22,474 | $117,378 |
| Name | Title |
|---|---|
| Jose Mercado | Board Chair |
| Diana Perez | Member |
| Josue Castro | Member |
| Krista Bey | Secretary |
| Justin Deng | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $432,510 |
| Other Expenses | $133,975 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $219,594 | $45,216 | - | $264,810 |
| Current Officers, Directors, Trustees, and Key Employees | $102,118 | $15,260 | - | $117,378 |
| Payroll Taxes | $25,845 | $4,566 | - | $30,411 |
| Occupancy | $19,286 | $6,833 | - | $26,119 |
| Other Employee Benefits | $15,204 | $4,707 | - | $19,911 |
| Advertising | $16,713 | $200 | - | $16,913 |
| Conferences and Meetings | $6,245 | $2,391 | - | $8,636 |
| All Other Expenses | $4,919 | $3,063 | - | $7,982 |
| Travel | $6,788 | $80 | - | $6,868 |
| Other Expenses | $2,557 | $2,408 | - | $4,965 |
| Interest | $73 | - | - | $73 |
| Total Functional Expenses | $471,789 | $94,696 | $0 | $566,485 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Due to Laeda Commercial Dev Corp | $19,706 |
| Security Deposits | $10,626 |
“Line 11b explanation - pdf copies are forwarded to each member of the board of directors with a request for any questions to be posed to the board chair and ceo and/or posed at the next board meeting.”
“Every new hire is required to review and disclose any conflicts of interest. In real-time, the ceo and office administrator monitor the activities of the board and staff and address any perceived or actual conflict with the board member or staff member.”
“The organization prepares an annual financial budget. Within the budget, compensation for the executive director is presented. The board of directors reviews and approves or disapproves of the budgeted compensation annually.”
“Interested parties may make a request in writing stating reason and purpose for request (used to track requests and not used for denial). All parties making requests may not be denied access to these documents.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 26162 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 21260 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 1200 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 1317 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | LAEDA IS DEDICATED: TO THE CREATION OF SMALL BUSINESS OWNERSHIP OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED MINORITIES, TO CONTRIBUTE TO THE GROWTH AND SUCCESS OF MINORITY OWNED SMALL BUSINESSES AND THE DEVELOPMENT OF THE MARKETPLACE IN THE COMMUNITIES WE SERVE. |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 200 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 16713 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 16913 |
| IRS990/AllOtherContributionsAmt | 0 | 252653 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3063 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 4919 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 7982 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | RAYMOND LAMBOY |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8563381177 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 433 MARKET ST STE 202 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | CAMDEN |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 08102 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 577183 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 426331 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 15260 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 102118 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 117378 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 2391 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 6245 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8636 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 577775 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 138 |
| IRS990/CYOtherExpensesAmt | 0 | 133975 |
| IRS990/CYOtherRevenueAmt | 0 | -83374 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -71946 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 432510 |
| IRS990/CYTotalExpensesAmt | 0 | 566485 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 494539 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 16897 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 16480 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | PROVIDE ASSISTANCE TO ECONOMICALLY DISADVANTAGED SMALL MINORITY BUSINESSES AND ASSISTANCE IN THE CREATION OF NEW SMALL MINORITY BUSINESSES WITHIN CAMDEN COUNTY, NJ. THIS IS ACCOMPLISHED THROUGH ENTREPRENURIAL TRAINING, RESEARCH, TECHNICAL ASSISTANCE AND COMMERCIAL DEVELOPMENT. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 187100 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 142100 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 10 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 471789 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 22474 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | KRISTA BEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | DIANA PEREZ |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JOSE MERCADO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JUSTIN DENG |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JOSUE CASTRO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | RAYMOND LAMBOY |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 94904 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD CHAIR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | PRESIDENT & CEO |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1987 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GovernmentGrantsAmt | 0 | 325122 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 722829 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 129916 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 73 |
| IRS990/InterestGrp/TotalAmt | 0 | 73 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 138 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 138 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 198314 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 217282 |
| IRS990/IRPDocumentCnt | 0 | 15 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 1050558 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 630438 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 588011 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 1638569 |
| IRS990/LegalDomicileStateCd | 0 | NJ |
| IRS990/LessRentalExpensesGrp/RealAmt | 0 | 228290 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE LATIN AMERICAN ECONOMIC DEVELOPMENT ASSOCIATION, INC (LAEDA) IS A NON-PROFIT ECONOMIC DEVELOPMENT ORGANIZATION DEDICATED: TO THE CREATION OF SMALL BUSINESS OWNERSHIP OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED MINORITIES, TO CONTRIBUTE TO THE GROWTH AND SUCCESS OF MINORITY OWNED SMALL BUSINESSES AND THE DEVELOPMENT OF THE MARKETPLACE IN THE COMMUNITIES WE SERVE.THIS NON-PROFIT WAS FORMED WITH THE PURPOSE:1.TO RAISE THE ECONOMIC, EDUCATIONAL, AND SOCIAL LEVELS OF THE ECONOMICALLY DISADVANTAGED RESIDENTS, PRIMARILY MEMBERS OF THE MINORITY COMMUNITY, IN THE DELAWARE VALLEY, PRIMARILY THE CITY OF CAMDEN, NEW JERSEY; TO FOSTER AND PROMOTE EMPLOYMENT CREATION INITIATIVES AND EXPANSION OF THE JOB BASE IN THE COMMUNITY; AND TO FOSTER AND PROMOTE COMMUNITY-WIDE INTEREST AND CONCERN FOR THE PROBLEMS OF SUCH RESIDENTS TO THE END THAT (A) EDUCATIONAL AND ECONOMIC OPPORTUNITIES MAY BE EXPANDED; (B) SICKNESS, POVERTY, CRIME, AND ENVIRONMENTAL DEGRADATION MAY BE LESSENED; AND (C) RACIAL TENSIONS |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 535738 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 513180 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 855508 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 802530 |
| IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt | 0 | -98374 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | -98374 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 18968 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 668408 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 660430 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 6833 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 19286 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 26119 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 4707 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 15204 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 19911 |
| IRS990/OtherExpensesGrp/Desc | 0 | PROFESSIONAL FEES |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES AND SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/Desc | 2 | COMPUTER SERVICES |
| IRS990/OtherExpensesGrp/Desc | 3 | WEB DESIGN & HOSTING |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6430 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1651 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 1891 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 2408 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 35416 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 10536 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6495 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 2557 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 41846 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 12187 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 8386 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 4965 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 52216 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 30332 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 561000 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | MGMT. FEE-LAEDA COMM. |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 15000 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 15000 |
| IRS990/OtherRevenueTotalAmt | 0 | 15000 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 45216 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 219594 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 264810 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 232 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 232 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 4566 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 25845 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 30411 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 66639 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 138094 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 2015 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 2015 |
| IRS990/PrincipalOfficerNm | 0 | RAYMOND LAMBOY |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 557969 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 131 |
| IRS990/PYOtherExpensesAmt | 0 | 106503 |
| IRS990/PYOtherRevenueAmt | 0 | -59555 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -25802 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 417844 |
| IRS990/PYTotalExpensesAmt | 0 | 524347 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 498545 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -71946 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | -98374 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 10500 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 10500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 577775 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 557969 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 622044 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 519902 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 395535 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 2673225 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 130054 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 128687 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 104019 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 127977 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 131802 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 622539 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 392 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 15000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 15000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 12000 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 12000 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 69000 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.77830 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.72690 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 2618719 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 54506 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 577775 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 557969 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 622044 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 519902 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 395535 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 2673225 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3364764 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | 1 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 45942 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 102058 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 148000 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 62000 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 62000 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 480069 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 948500 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 1428569 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 10626 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 19706 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | DUE TO LAEDA COMMERCIAL DEV CORP |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 588011 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 30332 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | LINE 11B EXPLANATION - PDF COPIES ARE FORWARDED TO EACH MEMBER OF THE BOARD OF DIRECTORS WITH A REQUEST FOR ANY QUESTIONS TO BE POSED TO THE BOARD CHAIR AND CEO AND/OR POSED AT THE NEXT BOARD MEETING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EVERY NEW HIRE IS REQUIRED TO REVIEW AND DISCLOSE ANY CONFLICTS OF INTEREST. IN REAL-TIME, THE CEO AND OFFICE ADMINISTRATOR MONITOR THE ACTIVITIES OF THE BOARD AND STAFF AND ADDRESS ANY PERCEIVED OR ACTUAL CONFLICT WITH THE BOARD MEMBER OR STAFF MEMBER. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION PREPARES AN ANNUAL FINANCIAL BUDGET. WITHIN THE BUDGET, COMPENSATION FOR THE EXECUTIVE DIRECTOR IS PRESENTED. THE BOARD OF DIRECTORS REVIEWS AND APPROVES OR DISAPPROVES OF THE BUDGETED COMPENSATION ANNUALLY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | INTERESTED PARTIES MAY MAKE A REQUEST IN WRITING STATING REASON AND PURPOSE FOR REQUEST (USED TO TRACK REQUESTS AND NOT USED FOR DENIAL). ALL PARTIES MAKING REQUESTS MAY NOT BE DENIED ACCESS TO THESE DOCUMENTS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt | 0 | LAEDA INC |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN | 0 | 223249272 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt | 0 | C |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct | 0 | 1.00000 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt | 0 | RENTAL REAL ESTATE |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt | 0 | LAEDA COMMERCIAL DEVELOPMENT CORP |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt | 0 | 433 MARKET STREET SUITE 202 |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm | 0 | CAMDEN |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd | 0 | 08102 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 1 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 15000 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | AMOUNT RCV'D |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | LAEDA COMMERCIAL DEVELOPMENT CORP |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | L |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NJ |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 1486521 |
| IRS990/TotalAssetsEOYAmt | 0 | 1383782 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 1486521 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 1383782 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 577775 |
| IRS990/TotalEmployeeCnt | 0 | 10 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 94696 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 471789 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 566485 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 631013 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 581252 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 631013 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 581252 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 855508 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 802530 |
| IRS990/TotalOtherCompensationAmt | 0 | 22474 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 471789 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 94904 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 138 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | -83374 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 494539 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 3 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 1486521 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.